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Telecom Italia working on new business plan as assesses KKR offer – sources
The TIM brand is found at its headquarters in Rome, Italy November 22, 2021. REUTERS/Yara Nard Sign-up now for Free unrestricted access to Reuters.com Sign-up MILAN, Jan 4 (Reuters) – Telecom Italia (TIM) (TLIT.MI) is working with financial institutions to draw up a new company system that could entail spinning off belongings as it scientific studies options to assistance assess a buyout offer from U.S. fund KKR (KKR.N), two resources acquainted with the subject stated on Tuesday. Debt-laden TIM acquired a non-binding buyout strategy from KKR in November that indicatively valued the former telephone monopolist at 33 billion euros ($38 billion) including personal debt. But a energy vacuum prompted by…
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Business round-up: Home Telecom names new COO | Business
Home Telecom announces new COO Anthony Douglas has been named the new chief operating officer of Moncks Corner-based Home Telecom. In a statement, Home Telecom said Douglas comes to the company from Comcast in Atlanta where he has been vice president of the Big South (Central) Region for the past five years. He has also been senior director of Technical Operations for Comcast in Charleston, Augusta and Savannah, Ga. for seven years. Douglas has a business management degree from the University of Phoenix. “Not only is Anthony proficient in integrating streamlined day-to-day Telecom business operations, but he is a leadership and team development expert, with a steep background in organizational…